We debate if current income ceilings make sense anymore and share some controversial thoughts on Singapore Budget 2025.
Joining us:
- Professor Sumit Agarwal from NUS Business School, author of the popular Kiasunomics series. He brings 25 years of mortgage expertise to the table!
- Kuanyu Tan, 99.co CEO sharing his fresh perspective as a first-time homebuyer navigating the system.
- David Baey, CEO of Mortgage Master, an industry veteran who's been in mortgages for 15 years.
We'll be unpacking:
- Why this year's budget had surprisingly little on housing
- The impact of 20,000 new BTOs coming to market
- Whether HDBs should really be viewed as lottery tickets
- What's really driving property price increases across Singapore
It's a no-holds-barred discussion full of laughs, real talk and unique perspectives you won't hear anywhere else. Tune in now to get the inside scoop on Singapore's property market!
What We Discuss:
- 03:14 - Given the budget’s limited focus on housing, are current policies sufficient to ensure affordability?
- 08:09 - How will the budget impact first-time buyers, homeowners, and property investors?
- 17:22 - How does the BTO system impact life decisions, and how should its profit mechanics be managed for affordability?
- 24:56 - How are current property market trends and mortgage rates evolving, given global interest rate influences?
- 30:26 - How do you see long-term interest rates evolving, and what impact will they have on homeowners and the housing market?
Episode Resources:
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